Power

NNPC secures $1.16m USTDA grant for 1,350MW Abuja power plant

Nov 14, 2019

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a $1.16 million grant as part funding for the NNPC-Abuja Independent Power Project (IPP) modelled to generate 1,350 megawatts of electricity to alleviate the power challenge in the country. This was disclosed at a business…

Read More

Nigeria’s tech sector held back by unreliable power supply – Survey

Nov 14, 2019

Nigeria’s young tech sector faces a major hurdle in an unreliable power supply, with the average tech firm reporting over 30 power outages per month, according to a major new survey of the country’s tech sector by the Center for Global Development and the ONE Campaign. The survey covered 93 tech firms, which encompasses the…

Read More

Nigeria’s power market worth N144bn – Cummins Director

Nov 14, 2019

Cummins West Africa Limited, a diesel and natural gas engine manufacturer, has put the worth of power market in Nigeria at $400 million (about N144 billion). The Director of Cummins West Africa, Kwame Gyan-Tawiah, disclosed this during a press briefing in Lagos to commemorate the company’s 100-year anniversary. Responding to a question on the size…

Read More

Nigeria’s electricity meter gap to consume N324bn – Mojec

Nov 14, 2019

A total sum of $900 million (about N324 billion) has been projected to fund pre-paid electricity meter requirement in Nigeria. This was disclosed by Mojec Meter Assets Management Company, one of the major electricity meter producers in Nigeria, which also hinted that the supply gap is still increasing. Last year, the Nigerian Electricity Regulatory Commission,…

Read More

EEDC says 4,000MW incapable of meeting electricity needs of over 200m Nigerians

Nov 13, 2019

The Enugu Electricity Distribution Company has said that the 4,000 megawatts generated in Nigeria daily cannot meet the electricity needs of Nigerians. Head of Corporate Communications, EEDC, Mr Emeka Eze, said this while reacting to an allegation that it was deliberately providing poor services to the customers in the zone. Speaking with The PUNCH on Tuesday, Eze…

Read More

PHED disconnects Cross River state owned water board over N175m debt

Nov 13, 2019

The Power Holding Electricity Distribution Company (PHEDC) in Cross River State has disconnected the state-owned multi-million naira water board office from the electricity grid. The water board is said to also supply water to government establishments, individuals and corporate organizations in the state. DAILY POST gathered that the water board was shut off the state…

Read More

Discos must invest in their infrastructure – Minister

Nov 13, 2019

The Minister of Power, Engr. Sale Mamman, said the Distribution Companies, DISCOs, must invest in their distribution infrastructures to address the power limitations in the country.   This is coming against the backdrop of constant rejection of loads as well as constraint due to inadequate distribution infrastructure. The minister also said that the ministry is open…

Read More

Rising populations in Nigeria, others disproportionate to electricity supply – IEA

Nov 13, 2019

African countries need to invest four times more in electricity than they are investing now in order to expand reliable supply to the whole continent, the International Energy Agency has warned. In its Africa Energy Outlook, the authority says the continent is experiencing a population boom that will drive a strong increase in energy demand.…

Read More

Power minister says FG will encourage manufacturing of power equipment in Nigeria

Nov 12, 2019

The Minister of Power, Engr. Sale Mamman, on Tuesday said that the ministry will encourage local manufacturers of power equipment in the country to produce things that will be useful in the ministry. This is even as he urged the Distribution Companies, Discos to join the train of production of power equipments in the country.…

Read More

FG set to reactivate Afam power plant

Nov 12, 2019

The Ministry of Power has started the recovery and reactivation of some generation plants at Afam Power stations to restore the plants to full generating capacity, the Minister of Power Engr Sale Mamman has said. It would be recalled that only one of the five plants is currently working with an output of only 270…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...